Transfer of Funds or Assets to a Family Trust with Non-Resident Beneficiaries: Need to have a cautious approach. Recently, questions have arisen regarding whether a resident can transfer funds or assets to a family trust where the beneficiaries are non-residents. This issue has gained relevance under the FEMA (Foreign Exchange Management Act) regulations, particularly…
The post Transfer of Funds or Assets to a Family Trust with Non-Resident Beneficiaries: Need to have a cautious approach. appeared first on The Tax Talk.
